Gov't to build new startup complex in Seoul's Mapo district
- 6 years ago
Two complexes dedicated to providing greater support for startups have been launched in South Korea so far.
And now a brand new one will be built in Seoul... as part of an ambitious plan to form clusters that can generate a synergy effect for innovative growth.
Kan Hyung-woo has the details.
The Ministry of Strategy and Finance laid out plans to build a third startup complex in Seoul's Mapo-gu District in a bid to further boost promising local startups established by founders under the age of 40.
The new startup complex is the third of its kind in Korea... following the one in Teheran-ro in Seoul's Gangnam-gu District and the one in Pangyo Techno Valley in Gyeonggi-do Province.
Through its Mapo startup incubator, the ministry expects some three-hundred local startups that have been established in the last seven years... to move into the complex starting October next year.
Startups that are moving in will be eligible to receive a wide range of support, from financing to networking and consulting services for overseas expansion, for a period of up to three years.
The ministry says the complex will be located near Mapo's Gongdeok Station... where the Korea Credit Guarantee Fund Mapo office is currently situated.
The 20-story building has a total floor space of 36-thousand-300 square-meters... making the new startup campus the largest in Korea... and on par with the Station-F startup campus in Paris.
The ministry says the Mapo-gu District where the new startup incubator is to be built... is also near the college campuses of Seoul's Sinchon district... and the city's financial hub of Yeouido.
The location will make it easier to offer courses on how to build startups... as well as setting up 'fin-tech' research labs for strengthening cooperation with other businesses.
Kan Hyung-woo, Arirang News.
And now a brand new one will be built in Seoul... as part of an ambitious plan to form clusters that can generate a synergy effect for innovative growth.
Kan Hyung-woo has the details.
The Ministry of Strategy and Finance laid out plans to build a third startup complex in Seoul's Mapo-gu District in a bid to further boost promising local startups established by founders under the age of 40.
The new startup complex is the third of its kind in Korea... following the one in Teheran-ro in Seoul's Gangnam-gu District and the one in Pangyo Techno Valley in Gyeonggi-do Province.
Through its Mapo startup incubator, the ministry expects some three-hundred local startups that have been established in the last seven years... to move into the complex starting October next year.
Startups that are moving in will be eligible to receive a wide range of support, from financing to networking and consulting services for overseas expansion, for a period of up to three years.
The ministry says the complex will be located near Mapo's Gongdeok Station... where the Korea Credit Guarantee Fund Mapo office is currently situated.
The 20-story building has a total floor space of 36-thousand-300 square-meters... making the new startup campus the largest in Korea... and on par with the Station-F startup campus in Paris.
The ministry says the Mapo-gu District where the new startup incubator is to be built... is also near the college campuses of Seoul's Sinchon district... and the city's financial hub of Yeouido.
The location will make it easier to offer courses on how to build startups... as well as setting up 'fin-tech' research labs for strengthening cooperation with other businesses.
Kan Hyung-woo, Arirang News.